07.01.2014 13:38:37
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EANS-Adhoc: C-QUADRAT Investment AG / Additional revenues from performance fees effective by the end of December 2013
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other 07.01.2014
Due to the positive performance and the achievement of new price highs of some investment funds managed by C-QUADRAT Kapitalanlage AG and ARTS Asset Management GmbH, the C-QUADRAT Group has gained additional earnings from performance fees, effective by the end of December 2013.
The additional revenues from performance fees of C-QUADRAT Kapitalanlage AG, effective by the end of December 2013, amount to roughly EUR 3.7 million. The additional revenues from performance fees of ARTS Asset Management GmbH, in which C-QUADRAT Investment AG holds a stake of 45%, amount in the same period to roughly EUR 3.7 million as well.
These additional revenues from performance fees will have a positive influence on the group results of C-QUADRAT Investment AG. The final annual results will be announced on 31.03.2014 in accordance with the financial calendar.
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(END) Dow Jones Newswires
January 07, 2014 07:05 ET (12:05 GMT)- - 07 05 AM EST 01-07-14
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